Enter the total monthly expenses ($) and the total monthly income ($) into the Expense to Income Ratio Calculator. The calculator will evaluate and display the Expense to Income Ratio. 

Expense to Income Ratio Formula

The following formula is used to calculate the Expense to Income Ratio. 

EIR = E / I * 100

  • Where EIR is the Expense to Income Ratio (%)
  • E is the total monthly expenses ($) 
  • I is the total monthly income ($) 

How to Calculate Expense to Income Ratio?

The following example problems outline how to calculate Expense to Income Ratio.

Example Problem #1:

  1. First, determine the total monthly expenses ($). 
    • The total monthly expenses ($) is given as: 3,000.
  2. Next, determine the total monthly income ($). 
    • The total monthly income ($) is provided as: 7,000.
  3. Finally, calculate the Expense to Income Ratio using the equation above: 

EIR = E / I * 100

The values given above are inserted into the equation below and the solution is calculated:

EIR = 3,000 / 7,000 * 100 = .428 (%)

Example Problem #2: 

For this problem, the variables required are provided below:

total monthly expenses ($) = 4,000

total monthly income ($) = 5,000

Test your knowledge using the equation and check your answer with the calculator above.

EIR = E / I * 100 = ?